[28/08] Zoom Airlines Suspend All Flights

'Transatlantic budget carrier Zoom Airlines has suspended all of its flights after admitting it was applying to go into administration.

Passengers due to fly with Zoom were told to book with other carriers and to contact card issuers about refunds.
Earlier, two of the airline's jets were held at Glasgow and Cardiff airports.
UK-Canadian Zoom blamed its problems on the "horrendous" price of jet fuel - which had added $50m (£27.3m) to annual fuel bills - and the economic slowdown.'

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Source: BBC